One new Miami building will “Be Home to Nearly 2 Percent of the World’s Billionaires”

There are wealthy buildings and then there are ultra-wealthy buildings like this new condo tower in Miami:

Twenty-two billionaires—just shy of two percent of the world’s total—have purchased units in a condominium tower being built in Sunny Isles Beach, a small city in Miami-Dade County. The 60-story Porsche Design Tower features the normal super-rich perks, including units as large as 17,000 square feet, and swimming pool- and kitchen-equipped balconies as large as 1,600 square feet.

But the real draw is hinted at in the name: The Porsche Design Tower features three car elevators that will take residents and their rides directly to their units, where they can park their car in a glass garage adjoined to their residences (two-car garages for the “cheaper” units, four-car garages for the pricier ones). This feature allows car-obsessives to stare at their super expensive cars from their high-rise living rooms.

The tower, which broke ground in April 2013 and secured a massive construction loan in October, is the brainchild of car enthusiast and condo magnate Gil Dezer and Germany’s Porsche Design Group. As of mid-October, Dezer had sold almost 100 of the tower’s 132 units, the prices for which range from $4.2 million to $32 million. He reportedly spent part of November selling the remaining units at a gathering for Bugatti owners. There will be 284 robotic parking spaces in all. This is automated parking taken to the next level.

I know most of the buyers would rather not reveal that they live in this building but doesn’t this lift the profile of a new building?

The car elevator is pretty cool but I would also be interested in seeing how exactly this building interacts with the surrounding area. If you have this many wealthy residents, you don’t want normal people walking up or being anywhere near. Indeed, how could you construct entry and exit points so that people can’t simply wait for the wealthy to drive in and out? Leaving the transportation to cars leads to possible problems – and flying helicopters off the top of the building would help.

I can only imagine what the security will be here…

0 thoughts on “One new Miami building will “Be Home to Nearly 2 Percent of the World’s Billionaires”

  1. Pingback: New skinny, tall, and super expensive residential towers in NYC | Legally Sociable

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